Reliance Jio has brought on board Ayush Sharma from Silicon Valley as senior vice president of engineering and technology, to drive the business around IoT and other technologies such as mobile edge computing, distributed artificial intelligence and blockchain.

India has pipped the US to stand second in mobile app downloads, behind China. But India is placed at 30, when it comes to consumer spend on apps with $210 million spent via the iOS and Google Play Stores

The telecom sector, reeling under ₹5 lakh crore of debt and a sharp fall in revenue, profitability and free cash flows, has been consolidating since the entry of Reliance Jio Infocomm in September 2016 sparked a price war.